1 oz, American Eagle, Canadian Maple, Chinese Panda, gold, one ounce gold coin, ounce, South African Krugrand
Remember this riddle from the school yard: What’s heavier, a pound of bricks or a pound of feathers? The answer is obvious to us now. They are the same. A similar question can be asked of fine gold coins. What’s the difference between a 1 oz Canadian Maple and a 1 oz American Eagle? The answer though, is not so obvious. Let’s take a closer look.
A Canadian Maple, as well as the Chinese Panda coins are .999% pure (24K) but the American Eagle and the South African Krugrand are 91.7% pure (22K) yet they all contain the stated weight of one ounce of gold. So, while all 1 oz gold coins contain 1 oz of gold, not all 1 oz coins weigh 1 oz. Share this riddle with your co-workers to see if they can figure it out. Then ask them what was the color of George Washington’s white horse.